Crédit Agricole: early redemption at par of the FR001400E920 sterling bonds at the end of November
In a press release published on 4 November 2026, the bank announced that it is exercising its redemption option on all outstanding securities of a tranche issued on 29 November 2022.
The transaction will take effect on 29 November 2026 and will be carried out at the nominal value of the securities, plus accrued interest.
A redemption option provided for from the issue of the securities
The securities concerned are senior non-preferred obligations denominated in pounds sterling, bearing fixed rate subject to reset and redeemable at the option of the issuer. They are identified under ISIN code FR001400E920.
The redemption is carried out pursuant to condition 7(e) of the terms of the securities, entitled “redemption at the option of the issuer”. These terms appear in the base prospectus dated 8 April 2022, approved on the same day by the Autorité des marchés financiers under number 22-090, as well as in the final terms dated 25 November 2022.
A payment deferred to 30 November 2026, without additional interest
The redemption amount will become due on 29 November 2026, the date on which each security will cease to bear interest, unless this amount is wrongfully withheld or refused.
As 29 November 2026 is not a business day, payment to holders will be made on the next business day, namely 30 November 2026. In accordance with condition 8(h) of the terms, holders will not be entitled to any interest or other sum in respect of this postponement. The detailed conditions of the transaction are set out in the notice to holders attached to the press release.
